2/23/1956 · MORTGAGE · book 35 page 265 doc 4859@35/265

265 KNOW ALL MEN BY THESE PRESENTS: That We, HERMON H. HARGRAVES and HELEN HARGRAVES, husband and wife, of Charlestown, Rhode Island hereinafter called the "mortgagors," in consideration of Two Thousand Five Hundred & 00/100 ($2,500.00) Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Providence, a national banking association organizing and existing under the laws of the United States of America, with its principal place of business in the City and County of Providence in the State of Rhode Island, hereinafter called the "mortgagee," the receipt whereof is hereby acknowledged, do hereby grant to the mortgagee, its successors and assigns forever, with MORTGAGE COVENANTS, to secure the payment of the principal and interest of a certain promissory note of the mortgage of even date herewith and bearing the serial number hereof, the following: A certain tract or parcel of land, with the buildings and improvements thereon, situated in the Village of Carolina, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: Bounded on the round by the land now or formerly owned of Albert S. Saunders; on the east by Main Street, so-called, on the south and west by land now or formerly of A. Roden, or heirs, or however owned, bounded and described; SUBJECT to condition to maintain line fences as appurtenances of record. Being the same premises conveyed to the mortgagors by deed of Agnes Whitmore, dated September 1st, 1905 and recorded in the Charlestown Land Evidence Records, and also by deed to these mortgagors from Isabella P. Conden, dated September 1st, 1920 and recorded in Book 32, pages 252 and 253, respectively, of the Charlestown Land Evidence records. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper published in the City of Providence, and that a foreclosure sale may be held upon the premises or elsewhere at the option of the mortgagee, as specified in said notice. This mortgage is made subject to those additional covenants and agreements contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagor, the receipt whereof is hereby acknowledged, the exact terms of which are on record in said Charlestown Land Evidence in Mortgage Book 34, at page 40. Said covenants and agreements are hereby by reference made part of this mortgage, and if default shall be made in the performance or observance of any of the same, it shall be lawful for the mortgagees to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we said mortgagors, release to the mortgagees all right of (dower)(s)curtesy and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the parties have executed these presents on the 21st day of February, 1956. Executed in presence of Harold B. Soloveitzik HERMON H. HARGRAVES HELEN HARGRAVES INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 21st day of February, 1956, before me personally appeared the above named HERMON H. HARGRAVES and HELEN HARGRAVES to me known and by me known to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deeds. HAROLD B. SOLOVEITZIK Notary Public Received for record February 23rd, A. D. 1956 at 9:35 o'clock, a. m., and recorded by [?] Town Clerk Industrial National Bank of Rhode Island, having received Full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records of the town of Charlestown in Book 35 at page 265 does hereby cancel and discharge the same IN ENTIRETY, and in witness whereof, and in confirmation hereof Seal to be hereunto affixed and Corporate Seal to be hereunto affixed by its proper officers, duly authorized, this 1st day of June, A. D. 1962. INDUSTRIAL NATIONAL BANK OF PROVIDENCE (Corporate Seal) Robert L. Beach Assistant Manager to both Irving S. [?] Associate Manager J. F. cowling Associate Manager Received for record June 5th, A. D. 1962 at 9:05 o'clock, a. m., and recorded by [?] Town Clerk